Liquid Packaging Cartons Market Size , Share , Trends , Analysis and Forecasts To 2022
Global Liquid Packaging Carton market is accounted for $ 15.73 billion in 2015 and is expected to reach $ 26.42 billion by 2022 growing at a CAGR of 7.7 %. The present fast paced life has claimed demand for liquid diet , which is handy and user-friendly . The liquid packaging cartons market is much following the trend , moreover , environment friendly nature , recyclable production , better shelf life & being microbial resistant are the factors driving the market . Furthermore , demand for fuel-efficient vehicles , low carbon emitting vehicles and superior driving experience had escalated the market . However , tough competition from plastic and high cost are the factors hampering the market .
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Gable top carton segment is estimated to be the fastest growing segment in the market owing to great market demand for Tetra Packs . Moreover , PET ( Polyethylene Terephthalate ) and HDPE ( High Density Polyethylene ) is trending packaging segment due to its user-friendliness and longer shelf-life , the plastic market has developed its base making it as largest market segment . The North American market for packaging is dominating the market followed by Europe in regard to high consumption of functional liquid diets and packaged diet . Asia pacific had recorded substantial growth in India and China .
Some of the key players of the Liquid Packaging Carton market include Adam Pack s . a . , Comar , Inc ., Elopak Inc ., Evergreen Packaging Inc . , IPI s . r . l ., Liqui-Box Corp ., NIPPON PAPER INDUSTRIES CO ., LTD , Refresco Gerber N . V ., SIG Combibloc GmbH , Tetra Laval , Tetra Pak Inc ., TidePak Aseptic Packaging Material Co ., Ltd ., Tri-Wall and Weyerhaeuser Company .
Product Types Covered : Gable Top Cartons Brick Cartons Shaped Cartons
Applications Covered : Juice & Drinks Dairy Products Wine & Spirits Other Products
Opening Types Covered : Clip Opening Cut Opening King Twist Opening